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20130216
20130224
Search Results 0 to 2 of about 3 (some duplicates have been removed)
for the ratings agencies, tomorrow they come for the banks, and that's the last thing our economy needs. a gallup poll found that consumer confidence in banks is already at an all-time low. that includes the 1930's, when bankers lowered confidence by occasionally landing on consumers. [laughter] and i believe that an investigation will just make things worse. i don't think the banks are in any financial position to reveal what financial position they're in. [laughter] take wells fargo. their recent annual report said that the bank's value is partly based on, quote, "significant assumptions not observable in the market." [laughter] that means the value of the largest capitalized bank in the united states defies observation. [laughter] the human mind cannot perceive it. we dare not look upon it. [laughter] remember what happened to the accountants who opened lehman brothers' books. [laughter] point is, i believe when it comes to our economy, there are things we just shouldn't know. here to know them at me is financial writer and washington bureau chief of the "new york times," david leonhardt. dave
was supposed to be the gop's year: with the economy in shambles, they thought the race was theirs to lose. and they were right. [laughter] and it's not just the presidency. the republicans also lost seats in the senate. lost the popular vote in the house. and briefly lost paul ryan in the mall. [laughter] he was supposed to hold on to his mother's hand! [laughter] they found him busting a union at the build-a-bear workshop. [laughter] but folks, the rnc, the republican national committee, is doing something about it. >> the rnc is doing a major autopsy on 2012. >> the rnc is coming up with some type of autopsy of the last election. >> you've got to do a full autopsy. >> stephen: yes, a full autopsy. which is also the republican alternative to obamacare. [laughter] to plot their path back to power, the gop recently held a three-day conference in williamsburg, virginia, which is the perfect location, because the republican platform also re-enacts the 18th century. [laughter] they say they went there for a little self-reflection exactly what men inspired by ayn rand need-- more time thinking
Search Results 0 to 2 of about 3 (some duplicates have been removed)